{
  "id": 10654536,
  "title": "Aldar generates more than Dh5bn in sales from new housing developments",
  "url": "https://urgent.news/2026/09/29/aldar-generates-more-than-dh5bn-in-sales-from-new-housing-developments-10654536",
  "topic": "world",
  "section": "World",
  "published": "2026-09-29T08:36:53.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/business/property/2026/09/29/aldar-generates-more-than-dh5bn-in-sales-from-new-housing-developments/"
  },
  "original_language": "en",
  "account": "Aldar Properties, Abu Dhabi's largest listed developer, reported $1.36 billion in sales from two new residential housing projects on Saadiyat and Yas islands, according to a statement to the Abu Dhabi Securities Exchange. Emirati citizens made up 31 percent of the buyers for the Talay and Yas Riva Reserve projects, with buyers from the United Kingdom, Russia, Jordan, and India comprising the rest. Aldar's CEO, Jonathan Emery, attributed the strong demand to confidence in the emirate. Despite uncertainty from the Iran conflict, Abu Dhabi's property market remained robust, with total real estate transactions in the first half of the year rising 112 percent year-on-year to Dh117 billion. Property prices saw a 21.6 percent increase year-on-year in the second quarter, with apartment prices up 24.4 percent and villas rising 6.3 percent. Recently, Aldar announced the launch of Talay, a residential project featuring 351 standalone villas in the Marsa Al Saadiyat waterfront development, and Yas Riva Reserve, a gated villa community on Yas Island with 292 four, five, and six-bedroom villas. The company's second-quarter financial results also exceeded expectations, with net profit up 10 percent to Dh2.16 billion and revenue and rental income increasing by 5 percent year-on-year to Dh8.1 billion. Aldar's development pipeline reached Dh71.6 billion at the end of June, with a significant portion expected to generate revenue over the next two to three years.",
  "summary": "Aldar Properties , Abu Dhabi’s biggest listed developer, generated more than Dh5 billion ($1.36 billion) in sales across two new residential housing projects in Saadiyat and Yas islands. UAE citizens accounted for 31 per cent of total buyers at the Talay and Yas Riva Reserve projects, Aldar said in a statement on Tuesday to the Abu Dhabi Securities Exchange, where its shares are traded. People…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The National Business",
        "title": "Aldar generates more than Dh5bn in sales from new housing developments",
        "url": "https://urgent.news/2026/09/29/aldar-generates-more-than-dh5bn-in-sales-from-new-housing-developments",
        "published": "2026-09-29T08:36:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}